Auto loans – ReportWire

Should you buy or lease a new car?

[ad_1] What happens at the end of a car lease There can be unpleasant surprises at the end of a leasing term, Wallcraft added. The vehicle...

Finance4 months ago

Making sense of the Bank of Canada interest rate decision on October 23, 2024 – MoneySense

[ad_1] Changes to the BoC rate impacts the prime rate set by Canadian lenders, which in turn affects the pricing of variable-based borrowing products, which are...

Finance5 months ago

Personal loan versus line of credit: Which should you choose? – MoneySense

[ad_1] Personal loans vs. lines of credit With a personal loan, you borrow a single (fixed) amount of money from a bank or other lender. In...

Finance5 months ago

Driving underwater: Is your car worth less than what you’re paying for it? – MoneySense

[ad_1] “We saw some rare (price) appreciation during the time that consumers were purchasing these high-priced cars,” Daniel Ross of Canadian Black Book said of the auto market during the...

Banking5 months ago

The Federal Reserve just cut interest rates by a half point. Here’s what that means for your wallet

[ad_1] People shop at a grocery store on August 14, 2024 in New York City. Spencer Platt | Getty Images The Federal Reserve announced Wednesday it...

Banking5 months ago

Don’t expect ‘immediate relief’ from the Federal Reserve’s first rate cut in years, economist says. Here’s why

[ad_1] Recent signs of cooling inflation are paving the way for the Federal Reserve to cut rates when it meets next week, which is welcome news...

Finance5 months ago

Making sense of the Bank of Canada interest rate decision on September 4, 2024 – MoneySense

[ad_1] What does the rate cut mean? The immediate impact of today’s rate cut will be interest rate relief for Canadians. As a result of today’s...

Banking6 months ago

5 top money moves to consider before the Federal Reserve’s first rate cut since 2020

[ad_1] Last week, Federal Reserve Chair Jerome Powell all but confirmed that an interest rate cut is coming soon. “The time has come for policy to...

Banking6 months ago

How to position yourself to benefit from the Fed’s first rate cut in years, according to financial experts

[ad_1] The Federal Reserve could start lowering interest rates as soon as next month, based on the latest inflation data. “We think that the time is approaching,” Fed Chair Jerome...

Real Estate7 months ago

The Federal Reserve sets the stage for a rate cut — here’s what that means for your money

[ad_1] Customer shopping for school supplies with employee restocking shelves, Target store, Queens, New York. Lindsey Nicholson | UCG | Universal Images Group | Getty Images...

Banking7 months ago

3 money moves to make ahead of the Federal Reserve’s first rate cut in years

[ad_1] Recent signs that inflation is easing have paved the way for the Federal Reserve to start lowering interest rates as soon as this fall. The consumer price index,...

Finance7 months ago

Is it a good time to buy a new car? – MoneySense

[ad_1] Sticker prices at dealerships have started to come down and affordability is improving, said Daniel Ross, senior manager of industry insights with Canadian Black Book....

Banking8 months ago

The Federal Reserve holds interest rates steady — here’s what that means for your money

[ad_1] The Federal Reserve announced Wednesday that it will leave interest rates unchanged. Fresh inflation data issued earlier in the day showed that consumer prices are...

Finance9 months ago

Why young people keep getting caught in debt traps and how to break the cycle – MoneySense

[ad_1] “They may see a slight increase in their income, and they think, ‘Oh, I just kind of hit the lottery, and now I’m going to...

Banking10 months ago

The Federal Reserve holds interest rates steady, offers no relief from high borrowing costs — what that means for your money

[ad_1] The Federal Reserve announced Wednesday it will leave interest rates unchanged as inflation continues to prove stickier than expected. However, the move also dashes hopes that the...

US News10 months ago

‘Blows my mind’: North Carolina woman made $50K in car payments — and barely reduced the $84K loan. How to avoid this

[ad_1] ‘Blows my mind’: North Carolina woman made $50K in car payments — and barely reduced the $84K loan. How to avoid this The sticker prices...

Finance11 months ago

The real costs of buying a car – MoneySense

[ad_1] Mark Kalinowski, a credit counsellor and financial educator at the Credit Counselling Society, says you need to know what you can afford when it comes...

Real Estate11 months ago

The Fed hasn’t touched interest rates since July, but they’re still moving. What that looks like for credit cards, mortgages and savings accounts

[ad_1] Hinterhaus Productions | Digitalvision | Getty Images Savings accounts Higher rates mean that consumers have to pay more to service their debt, but it also...

Banking11 months ago

The Federal Reserve holds interest rates steady, with no immediate relief for consumers from sky-high borrowing costs

[ad_1] The Federal Reserve announced Wednesday it will leave interest rates unchanged, delaying the possibility of rate cuts as well as any relief from sky-high borrowing costs. Overall,...

Banking11 months ago

The Federal Reserve may not cut interest rates just yet, here’s what that means for your money

[ad_1] Economists expect the Federal Reserve to leave interest rates unchanged at the end of its two-day meeting this week, even though many experts anticipate the central...